Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1887-08-01
FINANCE AND TRADE.
Money AT ia5 Per Cent--Governnrnt-
St"ady-Stocks Lively-Flour Dull and
Unchanged Wheat Weak.

Money at Ia5 Per Cent. Government.
St"ady-Stocks Lively-FIour Dull and
Unchanged Wheat Weak.
NEW YORK, July 70 Money on call
easy nj lao per cent; closed offered at
) per cent; prime mercantile paper dat;
per cent. Sterling exchange active aud
unsettled.
GOV ERNNENTs Steady.
Fou5s Coupons ............ ..... ~
FUurs and half .lUNt d,
racine SKIES ~ $50
STATES NegIectcd
RAGLRoADs-Quiet; sales $4,000.
STOCKS.-The short session in the stock
market to-day was the liveliest that has been
seen since the break of June "a, aud the dis,
cOuragement of the bulls, " hich YESTERDAY
quickly developed into panic. To aid
the depression the privilege broker, ru-
mored yesterday to he in trouble, did not
make his appearance upon the street and
his collateral was dumped upon the mar
ket There was not a stock on the list that
WIS held, but all declined together. the
losses differing only in degree, while Read
ing and IlCkawana recorded the heaviest
losses among the active list The dealings
were very large and the market extremely
irvcrlSh throughout. \ halt was made and
the presumption is that the leaders Of the
bear movement were afraid 10 decline to 20
further. THO opening was generally heavy.
though declines from last evenings prices
were Tor small fractions only, but the
great pressure to sell knocked prices OIL
Immediately, and declines ranging up To
l. per cent We're made in the first half
hour. A slight reaction was followed i'm
mediately by the renewal OF the decline,
and everything went off with rush. The
lowest figures were reached about
ll:l5, when the losses ranged up 10 nearly
per cent. from yesterdays final
figures. A smart and rapid recovery of
to : per cent. followed, but its force
was 80 spent and prices again settled down,
the final figures IN many cases being the
lowest OF the day The close was active,
teyeriSh and unsettled at near the lowest
figures The business done amounted to
2G6, 1913 shares. Everything is naturally
lower, the principal decline being Reading
q, Canada Southern -, Richmond aud
West Point -, New England y, Omaha
y, ST. Paul and Pacific Mail, Oregon
IIanscOntucntal, Minnesota and l.acka-
wanna per cent. Quotations closed bid aS
follows:
Adams Express li9; American Express
los: Canada Pacific 81, Central Pacific
So Chesapeake and Ohio Il; do preferred
tirsts 10! do seconds :; Chicago and Alton.
/ ~; do preferred l6l Chicago, Darlington
and Quincy I&-!; Delaware and Hudson
~; Delaware, l.ackawanna and Western,
log, Drnve: and Rio Grandc, l27i; Erie
* do preferred GG; TT. Wayne, ~;
Illinois Central III; Lake Shore, .! |
Michgm Central Il; Minneapolis and
81. Louis, Is! do preferred, 20; Missouri
Pacific 81; Northern Pacific ~; do
preferred, 80 Chicago aud Northwestern.
llO!; do preferred li2!; New York Cen.
trail, lOG!; Oregon lranscontlnrnt:l, II! !
Pacific Mail, 3 Panama, Peoria. d. x
f.. y; PlItSburg 1873; Pullman Palace
Car lac; Readin%. l. Rock Island, l27
81. Louis AMI San Francisco IS do pre- |.
terred -; first preferred, 10; st PaI!. |.
and MINNESOTA ll?i -; Paul |.
aud Omaha, Al do preferred los,
Texas Pacific. -; Union Pacific, 52i !
Untcd States Fxpre'- g.: WesG'rp Union |
HaIcSrIph 20.